Demand for American Gold Eagles exploded in May according to the latest data from the US Mint.
While gold prices have languished over the last few months, smart investors have taken advantage of the low prices and loaded up on physical gold.
For Q1, the US Mint reported its highest quarterly American Gold Eagle sales in more than 20 years.
We’ve been saying gold and silver are on sale. Well, it appears investors are taking advantage of the bargain.
The sale of American Gold Eagle coins surged in September, according to the latest data from the US Mint. Investors snapped up 60,500 ounces of Gold Eagle bullion coins in various denominations. That compares with just 35,500 ounces in August — a 41% increase.
